DFA Capital Planning Shakes Up Banks’ Infrastructure

In the past four years, the universe of US banks required to submit annual capital plans supported by company-wide stress tests to the Federal Reserve for assessment has grown from 19 to more than 80. At the same time, the standards prescribed by the Federal Reserve have grown progressively more rigorous. While the program has produced the desired increase in banks' capital levels, it has exposed weaknesses in many banks' infrastructure which have yet to be addressed.

This white paper looks at the feeling surrounding DFA and the impact it will have organisations and their technical infrastructure.